Arnold Financial Planning LLC Makes New $2.85 Million Investment in Schwab Emerging Markets Equity ETF $SCHE

Arnold Financial Planning LLC bought a new stake in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 86,958 shares of the company’s stock, valued at approximately $2,848,000. Schwab Emerging Markets Equity ETF comprises approximately 2.9% of Arnold Financial Planning LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds have also made changes to their positions in SCHE. PFS Partners LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the 3rd quarter worth about $25,000. Lodestone Wealth Management LLC purchased a new position in Schwab Emerging Markets Equity ETF during the 4th quarter valued at about $28,000. Financial Consulate Inc. increased its holdings in Schwab Emerging Markets Equity ETF by 222.7% during the 4th quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock valued at $28,000 after acquiring an additional 599 shares in the last quarter. Morton Brown Family Wealth LLC raised its position in Schwab Emerging Markets Equity ETF by 122.2% during the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in Schwab Emerging Markets Equity ETF during the third quarter worth about $35,000.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $35.98 on Monday. The firm’s 50-day moving average is $34.09 and its two-hundred day moving average is $33.78. The company has a market capitalization of $12.55 billion, a PE ratio of 15.58 and a beta of 0.56. Schwab Emerging Markets Equity ETF has a 12-month low of $26.32 and a 12-month high of $36.25.

Schwab Emerging Markets Equity ETF Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.